PEDEVCO Net Income from 2010 to 2024

PED Stock  USD 0.84  0.01  1.18%   
PEDEVCO Corp's Net Income is increasing over the years with stable fluctuation. Overall, Net Income is expected to go to about 277.2 K this year. During the period from 2010 to 2024 PEDEVCO Corp Net Income annual values regression line had coefficient of variation of (246.54) and r-squared of  0.03. View All Fundamentals
 
Net Income  
First Reported
2001-06-30
Previous Quarter
2.7 M
Current Value
2.9 M
Quarterly Volatility
9.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PEDEVCO Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PEDEVCO Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Interest Expense of 233.8 K or Total Revenue of 32.3 M, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0 or PTB Ratio of 0.71. PEDEVCO financial statements analysis is a perfect complement when working with PEDEVCO Corp Valuation or Volatility modules.
  
Check out the analysis of PEDEVCO Corp Correlation against competitors.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

Latest PEDEVCO Corp's Net Income Growth Pattern

Below is the plot of the Net Income of PEDEVCO Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in PEDEVCO Corp financial statement analysis. It represents the amount of money remaining after all of PEDEVCO Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is PEDEVCO Corp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PEDEVCO Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 264 K10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

PEDEVCO Net Income Regression Statistics

Arithmetic Mean(8,776,872)
Coefficient Of Variation(246.54)
Mean Deviation15,030,466
Median(11,820,000)
Standard Deviation21,638,490
Sample Variance468.2T
Range90M
R-Value0.18
Mean Square Error487T
R-Squared0.03
Significance0.51
Slope894,132
Total Sum of Squares6555.1T

PEDEVCO Net Income History

2024277.2 K
2023264 K
20222.8 M
2021-1.5 M
2020-33.8 M
2019-11.8 M
201853.6 M

Other Fundumenentals of PEDEVCO Corp

PEDEVCO Corp Net Income component correlations

About PEDEVCO Corp Financial Statements

PEDEVCO Corp stakeholders use historical fundamental indicators, such as PEDEVCO Corp's Net Income, to determine how well the company is positioned to perform in the future. Although PEDEVCO Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in PEDEVCO Corp's assets and liabilities are reflected in the revenues and expenses on PEDEVCO Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PEDEVCO Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income264 K277.2 K
Net Income From Continuing Ops1.5 M1.6 M
Net Income Applicable To Common Shares3.3 M3.4 M
Net Income Per E B T 1.31  0.98 

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When determining whether PEDEVCO Corp is a strong investment it is important to analyze PEDEVCO Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PEDEVCO Corp's future performance. For an informed investment choice regarding PEDEVCO Stock, refer to the following important reports:
Check out the analysis of PEDEVCO Corp Correlation against competitors.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PEDEVCO Corp. If investors know PEDEVCO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PEDEVCO Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.659
Earnings Share
0.02
Revenue Per Share
0.386
Quarterly Revenue Growth
0.382
Return On Assets
0.024
The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.